The country’s IT capital is all set to add a new feather to its tech cap. The Centre gave approval for setting up the first ESDM (electronic system design and manufacturing) cluster development in Electronic City, Bangalore.
The ESDM project in Bangalore will come up on a 1.16-acre land at an investment of Rs 85 crore. ESDM is projected to be a $400-billion industry by 2020.
Karnataka aims to capture 10% of this market over the next six years.
The state government has finalized a list of nine engineering colleges in tier 2 and 3 cities that would house incubation centres to promote entrepreneurship. The colleges include National Institute of Engineering, Mysore, and Siddaganga Institute of Technology, Tumkur.
The ESDM project in Bangalore will come up on a 1.16-acre land at an investment of Rs 85 crore. ESDM is projected to be a $400-billion industry by 2020.
Karnataka aims to capture 10% of this market over the next six years.
The state government has finalized a list of nine engineering colleges in tier 2 and 3 cities that would house incubation centres to promote entrepreneurship. The colleges include National Institute of Engineering, Mysore, and Siddaganga Institute of Technology, Tumkur.
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